Bond convexity measures price sensitivity to interest rate changes in the secondary market. Positive convexity increases bond value as interest rates fall; negative does the opposite. Understanding ...
Common stocks with owner earnings exceeding the risk-free rate are attractive investments in a rate cutting environment. REITs with covered yields and FFO higher than risk-free rate offer a possible ...
When most traders start out with options, they feel overwhelmed. And I get it. Options move fast. They have their own language. They’re volatile. The wrong advice can mean the difference between a ...
Rocky Mountain Journal of Mathematics publishes both research and expository articles in mathematics, and particularly invites well-written survey articles. The Rocky Mountain Journal of Mathematics ...